Friday, 30 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 30 JUNE 2017

Natural gas trading range for the day is 195.5-203.7.Natural gas settled down on profit booking after prices rose to a fresh 4week high after data showed storage rose less than anticipated last week.EIA reported that US natural gas stocks increased by 46 billion cubic feet for the week ending June 23.Temperatures in the West and in the Texas will continue to be hot, and demand is expected to be high by this time next week.